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Proof of identity hindering Nigeria’s N1.1trn mobile money business
The lack of generally accepted proofs of formal identification required to assist service providers navigate KYC (Know Your Customer) concerns has been identified as a major drawback to the success of mobile money operations in Nigeria, according to a new report released by Lafferty Group and obtained by BusinessDay on Tuesday.
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- Uncategorized
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The Telecom That Developed M-Pesa Is Boxing Competitors Out Of The Mobile Money Market
Kenyan Telecom rejects push by competitors to use its money transfer agents.
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- Uncategorized
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- Sub-Saharan Africa
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Mobile: Africa’s debit card
In the countries where mobile money has been particularly successful like Kenya, Uganda and Tanzania, the next unfolding wave of growth is payments integration.
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- Uncategorized
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Ugandan startup making it simpler for African migrants to send money home
A Ugandan startup is looking to change the way people transfer money from abroad by enabling remittances directly to mobile phone wallets. Redcore Interactive operates Remit, a platform that enables real-time debit and credit card and mobile money transfers from across the world to registered mobile money users in Uganda.
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- Technology
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China Is Developing A Nationwide Mobile Payments Infrastructure
China has a new national mobile payments platform. The system, which the People's Bank of China began testing last year, provides a ubiquitous mobile payments infrastructure for financial institutions and mobile operators.
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Can Digital Currencies Change the World?
Riding on the Bitcoin hype, a legion of techno-optimists believes that digital crypto-currencies have the potential to transform ineffective global payment systems, and ultimately spur global financial inclusion.
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Namibia: MTC Partners With Mobipay for MTC Money
The country's largest mobile network operator - MTC, has entered the mobile payment market in partnership with MobiPay in a first step taken by a Namibian mobile network operator.
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- Uncategorized
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- Sub-Saharan Africa
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Mobile cash delights tithe-eager pastors in Zimbabwe
PENTECOSTAL churches in Zimbabwe have moved to take advantage of mobile phone penetration rates now said to be about 103.5 percent and the introduction of mobile money platforms to ease their tithe worries.
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- Uncategorized
- Region
- Sub-Saharan Africa
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